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FORD MOTHBALLED FACTORY
Ford hasn't given up on India, but it won't make cars this timeFord has finalised plans to repurpose its Chennai plant for manufacturing and exporting engines and related components, with details expect...- 'It is desolate': China's glut of unused car factoriesThe facility, a former assembly plant and engine factory, had been a joint venture of a Chinese company and Hyundai, the South Korean giant...
- Carmakers crave a booster shot from government as production capacity set to fall 10-15%Experts attributed falling industry volumes to a number of factors including slow pace of per capita income growth, unpredictable regulator...
- Financial crisis starts to bite in GermanySigns multiplied on Tuesday that the financial crisis is biting in Europe's biggest economy with German firms having more difficulty gettin...
Load More- Financial crisis starts to bite in Germany